Bank of England holds interest rates but Andrew Bailey flags further cuts September 19, 2024 The Bank's decision comes after the Fed reduced interest rates by 50 basis points last night, the first cut since the pandemic.
FTSE 100 remains in the green after Bank of England holds rates September 19, 2024 Traders had been concerned that the Fed had waited too long to cut interest rates, causing unnecessary damage to the US economy.
Why the Bank of England will hold interest rates tomorrow September 18, 2024 The firm consensus is for the Bank of England to hold rates tomorrow, but this will not prevent a further cut in November.
MJ Gleeson: Planning setbacks hit profit September 18, 2024 Housebuilder MJ Gleeson has blamed planning setbacks in the UK for a decline in operating profit. Overall revenue at Gleeson rose by 5.2 per cent from £328.3m to £345.3m, although profit before tax fell by 21.3 per cent to £24.9m. The company – split into a land division and homebuilding division – said that Gleeson [...]
Inflation stays at 2.2 per cent ahead of Bank of England’s interest rate decision September 18, 2024 The figures come a day before the Bank of England will announce its latest decision on interest rates.
Haldane is right – the Chancellor’s doom-mongering is dangerous September 18, 2024 The stories we tell ourselves matter in economics, writes Paul Ormerod
The Bank of England decision that really matters this week September 17, 2024 The Bank of England's interest rate decision later this week looks like a done deal. But there is another, arguably more important, decision you should be paying attention to, Chris Dorrell writes
Labour’s agenda risks serious economic damage September 16, 2024 Labour ministers, and even large parts of the public, might not shed a tear over the loss of these remote, almost abstract, purveyors of high-end financial services, but they should.
Bank of England set to hold interest rates but further cuts loom, top economists say September 15, 2024 The Bank of England is widely expected to leave interest rates on hold this week, according to a City A.M. poll of top economists.
City minister: New capital rules will give banks certainty and stability September 12, 2024 As City Minister, I know that our financial services will underwrite the growth our country needs in the decade to come. The facts speak for themselves. More than £20bn worth of equity capital has been raised in London alone this year, which is over three times what has been raised in the next three European [...]